The joy of taking flight is one like no other. The business of getting to that take off, though, can be another matter. The purchase or sale of an airplane isn't exactly an everyday sale. For many buying or selling an aircraft, it'll be their first time at the rodeo. That's all the more reason to be prepared when getting into an aircraft transaction. Hiring an aircraft appraiser is an integral part of the aircraft transaction process. If [...]
MEDIA RELEASE March 2019 VREF Aircraft Reference Value & Appraisal Services Announces Partnership with AIC Title Service for VREF Verified Reports. VREF Aircraft Reference Value & Appraisal Services, the leading provider of aircraft valuations, celebrates its 25th Anniversary by announcing a strategic partnership with AIC Title Service (AIC). VREF and AIC are excited to be offering a comprehensive report that includes both an aircraft’s value statement as well as its title records. VREF Verified Reports provide buyers and [...]
Depending on the type, an aircraft can cost as much as $21,000,000. That’s a heck a lot of money! So why would you want to risk all that for an aircraft with hidden damage? Getting an aircraft appraiser is the best way to ensure that you get value for your money. You get to avoid overpaying for insurance and other related taxes. The appraiser will also help you better understand the type of aircraft you want to buy [...]
In 2016, there were just over 56,000 helicopters in the world. Over half of these were designated military helicopters. With such a low number of helicopters in the world, the aircraft tends to hold its value. However, the pricing range of helicopters can vary greatly. Costs can range between $37,500 for small, single-person helicopters to $21,000,000 for an AgustaWestland AW101. But how do you determine the value of a helicopter? Which factors determine aircraft values? Keep reading to learn 4 [...]
In 2016, there were just over 56,000 helicopters in the world. Over half of these were designated military helicopters. With such a low number of helicopters in the world, the aircraft tends to hold its value. However, the pricing range of helicopters can vary greatly. Costs can range between $37,500 for small, single-person helicopters to $21,000,000 for an AgustaWestland AW101. But how do you determine the value of a helicopter? Which factors determine aircraft values? Keep reading to learn 4 [...]
The FAA issued a policy statement establishing the requirement for operators to obtain ATC authorizations to fly aircraft that are not ADS–B Out equipped while flying in ADS–B-mandated airspace beginning in January 2020. It should be noted that obtaining these clearances will not be guaranteed and might not be made available. Taking that as the BIG hint that it is, we highly suggest you get ADS-B equipped ASAP. Under the policy, the operator must make the request to [...]
Aircraft safety is so important and is a non-negotiable in the aviation world. In fact, over 2 million passengers fly in and out of the U.S. every single day. That's over 2 million people in the air that need to be protected. If you're interested in joining the aviation workforce by becoming a mechanic, check out all the reasons a professional aviation mechanic is important. Educated in the Field of Aviation You may be wondering what the requirements [...]
For some, owning a helicopter is simply a source of high-flying excitement and entertainment. Others purchase a helicopter as an investment that they can sell to make money down the road. And, of course, there are those that hope their helicopter hobby will produce a profit, as well as some fun memories while they wait to cash in on their wings. But, whether you're hoping for good times or a good return, your helicopter is bound to give [...]
It's currently estimated that there are between 23,000 and 39,000 airplanes in the world. That number is surprisingly low, making aircraft still highly valuable in today's market. If you have a large investment such as an airplane, you want to be sure you receive the best price for it. But you don't want to go to just any aircraft appraisal company. You want to be sure your company follows the rules of the Uniform Standards of Professional Appraisal Practice (USPAP). [...]